SINA Corporation (SINA) said that it has dropped plans for acquiring Focus Media Holding Limited (FMCN) due to the delay in approval from China's Ministry of Commerce regarding antitrust issues. The companies have decided not to extend the deadline of the agreement. In order to provide more effective and integrated marketing solutions, SINA entered into a definitive agreement with Focus Media Holding Ltd. in 2008 to acquire substantially all of the assets of Focus Media's digital out-of-home advertising networks, including LCD display network, poster frame network and in-store network.   SINA had said that the $1.4 billion transaction was undergoing antitrust review by the Department of Commerce in China. The companies said that the delay in receiving the approval from the antitrust authorities negatively impacted its business operations. Thus, after due consideration the decision to terminate the contract was taken jointly by both the companies. The ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Monday September 28, 2009

DrStockPick.com Stock Report!

XRX, PWRM, ABT, CSRH, CMCSA, CVAT, FMCN

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XRX, Xerox Corp.

XRX engages in the development, manufacture, marketing, servicing, and financing of document equipment, software, solutions, and services worldwide.

XRX said Monday it will buy Affiliated Computer Services Inc. for $6.4 billion in cash and stock to create a $22 billion business that combines XRX’s copiers, printers and document management services with the “business process outsourcing” of Dallas-based ACS., joining the expensive race among technology companies to broaden their offerings.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in

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  Pfizer’s Acquisition of Wyeth Moving Forward On July 17, 2009, Pfizer Inc. (PFE) announced that the European Commission (EC) has approved the company’s pending acquisition of Wyeth Pharma (WYE). The company has agreed to divest certain animal health assets in the E.U. Pfizer also announced that the Chinese Ministry of Commerce has extended its review period for the acquisition beyond the initial 30 days. Meanwhile, the transaction is yet to gain regulatory clearance in the U.S. Approval from Wyeth’s shareholders is also pending. The shareholders will vote on the proposed transaction at the annual meeting on July 20, 2009. As a reminder, Pfizer announced its intention to acquire Wyeth for approximately $68 billion in January 2009. Pfizer will pay for the acquisition with a combination of cash and common stock. In addition to cash, Wyeth shareholders will receive 0.985 shares of Pfizer stock for ...

Herbalife Ltd. (...

The feud between authorities in China and Google Inc. (Nasdaq: GOOG) escalated Wednesday night when Chinese users were blocked from Google’s global Web site for a period of at least two hours.

For weeks China has been chastising Google for disseminating “huge amounts of porn and lewd information.” The company has made a strong effort to accommodate Beijing’s high “moral” standard by launching a separate Chinese Web site, Google.cn, to filter out sensitive information.

Still, China’s war on the search engine has only intensified. That has led some analysts to believe that the communist government is acting on behalf of Baidu Inc. (Nasdaq ADR: BIDU), or perhaps as part of a smear campaign to drum up support for its latest attempt to tighten its grip on Internet content that is becoming harder to control.

Google’s word association feature – a drop-down box that offers suggestions based on the terms typed

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Following the Chinese Ministry of Commerce rejection of Coca-Cola's application to acquire China Huiyuan Juice Group, Drinks Americas Holdings Ltd., an owner, developer and marketer of global premium beverages, has announced plans to acquire Global Beverages Asia Ltd. Global Beverages Asia is the new name for the combination of Yarraman Winery and Asia Distribution Solutions, a [...]

The Chinese Ministry of Commerce has announced that in accordance with China's anti-monopoly law, it has decided to reject Coca-Cola 's application to acquire China Huiyuan Juice Group. The MOC said that the acquisition may disturb market competition in China and the major reasons for its rejection of the transaction are if Coca-Cola successfully acquires [...]

For Immediate Release

Chicago, IL – March 19, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Coca-Cola Company (KO), Coca-Cola Hellenic Bottling Company (CCH), National Semiconductor Corp. (NSM), SINA Corp. (SINA) and Vodafone Group PLC (VOD).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

China Denies Coke Acquisition

Today, the Chinese Ministry of Commerce announced that it has rejected The Coca-Cola Company's (KO) proposed acquisition of China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout

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Highlights include The Coca-Cola Company (KO) and Coca-Cola Hellenic Bottling Company (CCH).China Denies Coca-Cola's Acquisition of Major Chinese Juice Co.Today, the Chinese Ministry of Commerce announced that it has rejected The Coca-Cola Company's (KO) proposed acquisition of China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China. Citing the anti-competitive effects of the acquisition, the decision reflects the enforcement of China's strengthened anti-monopoly law and the internal political pressure of the Chinese government related to protecting indigenous brands from foreign control.For The Coca-Cola Company, the strong performance of future key markets, like China, has mitigated volume concerns in North America. In 2008, unit case volume in North America declined 1%. Management is extending Coca-Cola's reach in emerging markets not only through the introduction of water and juice products, but also through acquisitions....

The train wreck known as China’s manufacturing sector took another tumble down the hill as India imposed a six-month ban on toy imports – one of China’s largest exports. The setback for China underscores our ongoing warnings to investors that neither a multibillion stimulus plan or anything that Beijing throws at its ailing economy will promise investors those speculative profits of yesteryear. We recently reported that China’s unemployment rate hit a 30-year high as the global recession both dampens demand for exports and forces manufacturers in the West to seek out lower cost factories in South and Southeast Asia.

Mumbai’s sudden ban on Chinese toys was attributed to some political strife surrounding Pakistan or as an aggressive protectionist move disguised as new safety guidelines. Regardless, it hits China as toy factories continue to close in Guangdong Provence at a rapid pace. Whether or not the toy ban could inflict further damage

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